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Jiangsu Linyang Energy Co (SHSE:601222) EBIT : ¥1,471 Mil (TTM As of Sep. 2024)


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What is Jiangsu Linyang Energy Co EBIT?

Jiangsu Linyang Energy Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥426 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1,471 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiangsu Linyang Energy Co's annualized ROC % for the quarter that ended in Sep. 2024 was 9.12%. Jiangsu Linyang Energy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiangsu Linyang Energy Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 12.31%.


Jiangsu Linyang Energy Co EBIT Historical Data

The historical data trend for Jiangsu Linyang Energy Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jiangsu Linyang Energy Co EBIT Chart

Jiangsu Linyang Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,074.11 1,447.59 1,407.14 1,287.16 1,392.21

Jiangsu Linyang Energy Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 344.57 269.38 286.30 489.81 425.67

Competitive Comparison of Jiangsu Linyang Energy Co's EBIT

For the Electrical Equipment & Parts subindustry, Jiangsu Linyang Energy Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jiangsu Linyang Energy Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Linyang Energy Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiangsu Linyang Energy Co's EV-to-EBIT falls into.



Jiangsu Linyang Energy Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,471 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Jiangsu Linyang Energy Co  (SHSE:601222) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Jiangsu Linyang Energy Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=1525.328 * ( 1 - 21.38% )/( (12828.852 + 13460.317)/ 2 )
=1199.2128736/13144.5845
=9.12 %

where

Invested Capital(Q: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=23833.661 - 4537.771 - ( 6467.038 - max(0, 5917.451 - 13522.777+6467.038))
=12828.852

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=24516.099 - 4595.72 - ( 6460.062 - max(0, 6129.099 - 14076.108+6460.062))
=13460.317

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Jiangsu Linyang Energy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1702.684/( ( (8933.191 + max(1760.445, 0)) + (8960.221 + max(2210.28, 0)) )/ 2 )
=1702.684/( ( 10693.636 + 11170.501 )/ 2 )
=1702.684/10932.0685
=15.58 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4255.821 + 1633.238 + 601.239) - (4537.771 + 0 + 192.082)
=1760.445

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4391.261 + 2142.522 + 595.535) - (4595.72 + 0 + 323.318)
=2210.28

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Jiangsu Linyang Energy Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1471.159/11947.574
=12.31 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Jiangsu Linyang Energy Co EBIT Related Terms

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Jiangsu Linyang Energy Co Business Description

Traded in Other Exchanges
N/A
Address
No. 666, Linyang Road, Qidong City, Jiangsu Province, CHN
Jiangsu Linyang Energy Co Ltd is a China-based company engages in the research, production, and sales of smart electric energy meters and power management products. Its product and services include smart meter, AMI system, LED, intelligent lighting system, energy efficiency management platform, energy-saving services, photovoltaic module, distributed photovoltaic power station system, distributed power station operating platform, and Micro-grid system which covered the Smart, Energy-saving and Renewable Energy all three fields.
Executives
Lu Yong Hua Directors, senior managers
Zhu De Sheng senior management
Cui Dong Xu senior management
Pei Jun senior management
Lin Shao Wu senior management
Yu Hai Juan senior management
Lu Han Xi senior management
Fang Zhuang Zhi senior management
Shi Hong Sheng senior management
Shen Kai Ping Director
Hu Sheng senior management
Wang Feng Lin senior management
Lu Yun Hai senior management
Shi Wei Bing senior management
Cen Rong Rong senior management

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